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Within the transfer space substrates (material and energy) are selfishly transferred from source to sink to optimize productivity of one or both sides. Under certain conditions this will lead to a productivity increase of the whole ensemble. The present day view that cooperation is the most...
Persistent link: https://www.econbiz.de/10015225339
The note examines the susceptibility of envy-free variants of Knaster procedure to manipulations and collusions .
Persistent link: https://www.econbiz.de/10015225526
Fraud is an ancient crime and one that annually causes hundreds of billions of dollars in losses. We examine the behavioral patterns over time of different types of frauds, which illustrate cyclical frequencies. We develop an evolutionary theory that suggests cyclic behavior in frauds should be...
Persistent link: https://www.econbiz.de/10015225686
This study shows that in a two-player infinitely repeated game where one is impatient, Pareto-superior subgame perfect equilibrium can still be achieved. An impatient player in this paper is depicted as someone who can truly destroy the possibility of attaining any feasible and individually...
Persistent link: https://www.econbiz.de/10015225716
In this paper we introduce the reactivity in decision-form games. The concept of reactivity allows us to give a natural concept of rationalizable solution for decision-form games: the solubility by elimination of sub- reactive strategies. This concept of solubility is less demanding than the...
Persistent link: https://www.econbiz.de/10015225723
In this paper we formalize a new form of two-player game, that we call decision- form. A two-player decision-form game consists in a pair of decision rules, representing the rationality of each player. We develop the basic facts of this type of games, showing that this form of game generalizes...
Persistent link: https://www.econbiz.de/10015225727
In this brief note describes the trajectory of the fractal models/multifractal F/M by Benoit Mandelbrot. The promise was discovered by the geometry of Mandelbrot covers a broad area of research fields, from meteorology and mathematical physics to the individual and collective behavior in...
Persistent link: https://www.econbiz.de/10015225801
In this paper we propose a concept of rationalizable solution for two-player decision-form games: the solution by iterated elimination of non-reactive strategies. Several original theorems are proved about this kind of solution. We study the relations between solutions by iterated elimination of...
Persistent link: https://www.econbiz.de/10015225882
This paper aims at defining a Strategic Threshold or Flash points for each strategy followed by the society as a whole. The paper attempts at analyzing interactions between two groups and the effect of change in trust on the path traversed. The paper draws analogy to the behavior of...
Persistent link: https://www.econbiz.de/10015225928
The coordinates of the transfer space are loss of the source, gain of the sink and cost to both sides and compares the coupled gain and loss of two single parties to gain or loss of the ensemble of both, the invisible third party. Whenever two not identically equipped parties meet with the...
Persistent link: https://www.econbiz.de/10015226220